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<\/p>\nBarambu (Bauchi) \u2013 President Muhammadu Buhari has directed the Nigerian National Petroleum Corporation (NNPC) to extend its exploration to six basins in the country.<\/p>\n
Buhari gave the directive at Barambu town in Alkaleri Local Government Area of the Bauchi state while flagging-off the commencement of drilling activities at Kolmani-II Oil Well, Gongola Basin, Upper Benue Trough. \u201cExploration in our frontier basins is imperative to the economy of the country. \u201cI therefore, have directed NNPC to intensify its campaign in the Chad Basin, to discover new hydrogen to extend the economy of the people within the region and the nation at large. \u201cOur next level is to ensure that exploration is extended to Chad Basin, Gongola Basin , Anambra Basin, Sokoto Basin, Dahomey Basin, Bida Basin and Benue Trough, for more prosperous Nigeria.<\/p>\n
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President Buhari Flags Off The Spud-In of Kolmani River II Well Drilling in Bauchi State on 2nd Feb 2019 \u201cGas and oil remain critical to the present economic development of our country and the future,\u201d he said.<\/p>\n
According to him, they remain \u201ckey to the implementation of our budget at all levels of government. He commend the NNPC for the exploration into Kalmani River II Well, which he said, will spur-off socioeconomic activities. The president said that his association with hydrocarbon research started in Lake Chad as Federal Commissioner of Petroleum and Natural resources in 1976.<\/p>\n
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\u201cThat era led to the drilling of 23 wells, which two were of gaseous, where NNPC acquired 2,000 square meters of land in the basin,\u201d he said.<\/p>\n
The president commended the NNPC and other stakeholders in the Kolmani-II oil well project, just as he paid tribute to some university lecturers abducted while undergoing research work on the project. Buhari also commended security agents for working tirelessly to ensure that the area was safe to conduct exploration activities.<\/p>\n
He reiterated his administration\u2019s determination in pursuing its goal of ensuring adequate security, enhancing the economy of the country, as well as fighting corruption. Earlier in his remarks, the Group Managing Director of NNPC, Dr Maikanti Baru, had said that the exercise started some years back, but had to be suspended in 2000 as a result of the abduction of experts working on the project.<\/p>\n","protected":false},"excerpt":{"rendered":"
Barambu (Bauchi) \u2013 President Muhammadu Buhari has directed the Nigerian National Petroleum Corporation (NNPC) to extend its exploration to six basins in the country. Buhari gave the directive at Barambu town in Alkaleri Local Government Area of the Bauchi state while flagging-off the commencement of drilling activities at Kolmani-II Oil Well, Gongola Basin, Upper Benue […]<\/p>\n","protected":false},"author":62,"featured_media":3766,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[24,19,15],"tags":[97,106,235],"class_list":["post-3758","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-beyond-the-news","category-economy","tag-buhari","tag-economy","tag-president"],"yoast_head":"\n